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Find a Wokingham Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Wokingham? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Wokingham home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Wokingham conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Wokingham

Much to our surprise we have been advised by our broker that my Wokingham property lawyer is not on the mortgage company Solicitor panel. How can I be sure whether this is correct?

You need to call your Wokingham lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.

Can conveyancing in Wokingham to be finalised within 10 days?

First, If you are under a tight deadline to sign contracts it is advisable to make sure that your solicitor is familiar with the location as they will benefit local contacts and knowledge. It is even conceivable that they could have handled otherhomes in the same street. Therefore consider using a Wokingham conveyancing solicitor. Second, check that the lawyer is on the on the approved list for your mortgage company. It is understood that 18% of Wokingham conveyancing deals are frustrated or jeopardised after finding out that a buyer’s solicitor was not on their banks panel. In many cases this discovery resulted in the home move being held up by almost three weeks. It is said that this issue affects approximately one hundred thousand home moves every year. Almost all Wokingham conveyancing firms can not represent certain banks so do check at the outset.

Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial estate in Wokingham?

Many commercial conveyancing solicitors in Wokingham will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Wokingham. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Wokingham.

For each commercial conveyancing transaction in Wokingham it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Wokingham commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for residential conveyancing in Wokingham.

I'm buying a new build house in Wokingham with a loan from Aldermore. The sellers would not move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not inform my solicitor about this side-deal as it may affect my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Living abroad it is not practicable to be present at my Wokingham conveyancing practitioners office to sign documents for conveyancing in Wokingham – will this be an issue?

No. Wokingham conveyancing solicitors can handle home moves for clients nationwide. You are unlikely to be required to attend a Wokingham conveyancers office. They can undertake everything via post, email, telephone and fax.

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